Wealth Manager magazine has come out with their “Top Dogs of 2008” and Hill Investment Group is ranked in the top 150 firms in the country (#139). There are over 400,000 advisors in the US. The ranking is based on Hill Investment Group’s average client relationship size.

Remember the former securities analyst Henry Blodget? He is singing a new tune. The following is a small sample of a Fast Company magazine interview:

Why have you fashioned yourself as a defender of the common man and of commonsense investment strategies such as diversifying and buying index funds?

After I left Wall Street, I studied a lot of academic research, and I was startled to discover that stock picking, market timing, and other popular investment activities usually hurt investors rather than help them. This is an indisputable fact, but it’s actually not common sense. On the contrary, most people think it’s ridiculous. Most people assume that index funds only do well because most investors are stupid — which is delusional. Until you understand why indexing works, you’ll always be wasting money and time searching in vain for the next great stock-market guru.

Click here for the full article.

The NY Times features research being conducted by Ken French, respected Dartmouth professor and head of DFA’s Investment Policy Committee. Investors collectively spend about $100 billion trying to beat the stock market but too often fail against a low cost buy-and-hold strategy. Click here for the full story NY Times – Can You Beat the Market?